VTOL Q3 2023 Earnings — Bristow Group Inc. Revenue & Financial Results | Market Cap Arena

VTOLBristow Group Inc.

$1B

Q3 2023 Earnings

Energy Oil & Gas Equipment & Services

Income Statement

Revenue

$330M+10.3% YoY

Gross Profit

$90M27.1% margin

Operating Income

$30M9.0% margin

Net Income

$4M1.3% margin

EPS (Diluted)

$0.15

QoQ Revenue Growth

+6.0%

Cash Flow

Operating Cash Flow

$17M

Free Cash Flow

-$2M

Stock-Based Comp.

$4M

Balance Sheet

Total Assets

$1.9B

Total Liabilities

$1.1B

Stockholders' Equity

$796M

Cash & Equivalents

$208M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$330M	$299M	+10.3%
Gross Profit	$90M	$68M	+31.8%
Operating Income	$30M	$15M	+101.7%
Net Income	$4M	$17M	-73.9%

Revenue Segments

Service

$330M50%

Oil and Gas Service

$213M32%

Government Services

$86M13%

Fixed Wing Services

$29M4%

Service, Other

$3M0%

Geographic Segments

Europe

$185M55%

Americas

$100M29%

Africa

$30M9%

Asia Pacific

$24M7%